Piramal Pharma, KNR Constructions, 5 other stocks cross 100-day SMA

Investors looking for signs of potential growth in the stock market closely watch technical indicators. One such key indicator, the 100-Day Simple Moving Average (SMA), can provide insights into a stock's short to mid-term performance. On October 31, several major stocks surged above their 100-Day SMA, signaling potential bullish trends.

Let's explore the performance of these stocks. (Data Source: StockEdge)

1. Piramal Pharma
100-Day SMA: 97.19 | Closing Price: 104.5


2. Tube Investments of India
100-Day SMA: 3063.84 | Closing Price: 3150.2

3. Galaxy Surfactants
100-Day SMA: 2667.6 | Closing Price: 2729.75

4. KNR Constructions
100-Day SMA: 258.42 | Closing Price: 263.95

5. Manappuram Finance
100-Day SMA: 137 | Closing Price: 137.45

6. Can Fin Homes (NSE: CANFINHOME)
100-Day SMA: 761.2 | Closing Price: 763.45

7. Garware Technical Fibres
100-Day SMA: 3159.98 | Closing Price: 3161.75

(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)